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The latest update is out from Truth Social ( (DJT) ).
On May 29, 2025, Trump Media & Technology Group Corp. completed significant financial transactions, raising approximately $2.44 billion through a private placement offering. This includes $1.44 billion from common stock and $1 billion from convertible notes, which will be used to establish a Bitcoin treasury. This move positions Trump Media as one of the largest Bitcoin holders among publicly-traded U.S. firms, providing financial flexibility for further strategic expansions and enhancing shareholder exposure to Bitcoin.
More about Truth Social
Trump Media & Technology Group Corp. operates in the social media, streaming, and financial technology industries. The company runs Truth Social, a platform for free expression, Truth+, a family-friendly streaming service, and is launching Truth.Fi, a FinTech brand with America First investment vehicles.
Average Trading Volume: 5,744,911
Technical Sentiment Signal: Sell
Current Market Cap: $4.6B
See more data about DJT stock on TipRanks’ Stock Analysis page.
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